A letting agent
5 to 10%
of rent, every month
- +Finds tenants and deals with them
- −Rent passes through someone else's account
- −A monthly summary, not each payment
- −750 to 1,500 a door on a 15,000 rent
1/3Compare
Three ways to collect rent. One you control.
Most landlords in Kenya either hand the job to an agent or keep it themselves in a notebook, a spreadsheet and a WhatsApp chat. Here is how the three stack up.
Spreadsheet and WhatsApp
Free
and your evenings
- +Money goes straight to you
- −Every payment matched by hand
- −A relative paying means a phone call
- −Receipts written out, or not at all
RentHub
150
shillings a let unit, a month
- +Money goes straight to your paybill or till
- +Paste the statement, payments file themselves
- +Who owes, reminders and receipts, done
- +Free while in early access
01Line by line
The detail.
| Agent | Spreadsheet | RentHub | |
|---|---|---|---|
| Who holds the money | The agent, first | You | You |
| Matching payments | Their job | By hand | Paste the statement |
| Who owes, today | Ask them | Work it out | One list |
| Receipts | Sometimes | By hand | Every payment |
| Tenants see their balance | No | No | In their own app |
| Finding tenants | Yes | No | No, but it writes your advert |
| 20 doors at 15,000 | 15,000 to 30,000 a month | Your time | 3,000 a month |
Agents in Kenya usually charge 5 to 10% of the rent they collect; some Nairobi firms list 8 to 12%. A VAT-registered agent adds 16% VAT. Work out your own on the pricing page.
→Start today
This month's rent, filed by Friday.
Add a building, bring in your tenants and paste your first statement. It takes an afternoon, and it is free while RentHub is in early access.